Desempenho vs S&P 500

03
Monitorado Q1 2025–Q2 2026 +24.1%
Retorno total do S&P 500 (mesma janela) +37.0%
Retorno excedente -12.9%

Anualizado: +18.9% · S&P 500: +28.7%

Aproxima um portfólio de compra e manutenção construído a partir de instantâneos trimestrais da SEC 13F. Exclui caixa, posições vendidas, opções/derivativos e títulos não 13(f) — reflete apenas o livro de ações longas divulgado, não o AUM total do fundo. O atraso na declaração da SEC é de até 45 dias; esta não é uma cópia em tempo real para fins de timing.

Cobertura precificável: 99,9% · Opções excluídas: 15,6%

Distribuição setorial

04
Financials 21,9%
Industrials 10,6%
Communication Services 5,6%
Energy 4,3%
Real Estate 4,1%
Retail 3,3%
Consumer Staples 3,2%
Technology 2,9%
Health Care 2,6%
Consumer products 0,8%
Consumer Discretionary 0,8%
Materials 0,8%
Outros/Não mapeado 39,2%

Portfólio completo 93 posições

05
Tipo Sequência Tendência de 8T
SPY SPY $96.557.361 39,22% 129.300 Opção de compra $22.223.499 Alta ×6
GOOG Alphabet Inc. - Class C Capital Stock $8.910.629 3,62% 25.219 $1.666.553 Baixa ×2
MSFT Microsoft Corporation - Common Stock $5.107.017 2,07% 13.691 $121.197 Alta ×5
TRV The Travelers Companies, Inc. Common Stock $4.975.569 2,02% 15.072 $585.202 Alta ×1
PAG Penske Automotive Group, Inc. Common Stock $4.944.746 2,01% 27.632 $858.962 Alta ×6
META Meta Platforms, Inc. - Class A Common Stock $4.503.504 1,83% 7.995 $33.452 Alta ×1
RY Royal Bank Of Canada Common Stock $3.355.812 1,36% 16.214 $732.711
PM Philip Morris International Inc Common Stock $3.250.048 1,32% 17.965 $284.179 Alta ×1
V Visa Inc. $3.222.301 1,31% 9.392 $420.838 Alta ×1
JPM JP Morgan Chase & Co. Common Stock $3.198.341 1,30% 9.771 $321.162 Baixa ×2
EPD Enterprise Products Partners L.P. Common Stock $3.103.794 1,26% 84.434 $40.305 Alta ×6
AXP American Express Company Common Stock $3.067.928 1,25% 9.070 $325.039 Alta ×1
MA Mastercard Incorporated Common Stock $3.054.893 1,24% 5.948 $84.914 Alta ×1
WSO Watsco, Inc. Common Stock $3.040.045 1,23% 7.295 $386.197
PCAR PACCAR Inc. - Common Stock $2.996.280 1,22% 24.944 $117.551 Alta ×1
JNJ Johnson & Johnson Common Stock $2.809.586 1,14% 11.063 $91.983 Baixa ×2
TD Toronto Dominion Bank (The) Common Stock $2.799.083 1,14% 23.051 $648.194
MPLX MPLX LP Common Units Representing Limited Partner Interests $2.753.129 1,12% 48.875 $303.114 Alta ×6
UNH UnitedHealth Group Incorporated Common Stock (DE) $2.716.973 1,10% 6.537 $950.832 Alta ×5
MCO Moody's Corporation Common Stock $2.544.505 1,03% 5.618 $93.652
NDAQ Nasdaq, Inc. - Common Stock $2.475.663 1,01% 31.409 $-190.653
WFC Wells Fargo & Company Common Stock $2.445.648 0,99% 29.594 $47.476 Baixa ×2
ORI Old Republic International Corporation Common Stock $2.402.413 0,98% 58.710 $133.300 Alta ×6
FITB Fifth Third Bancorp - Common Stock $2.203.221 0,89% 39.085 $368.562 Baixa ×2
CINF Cincinnati Financial Corporation - Common Stock $2.132.813 0,87% 11.520 $320.141
ITW Illinois Tool Works Inc. Common Stock $2.110.748 0,86% 7.804 $76.061 Baixa ×2
WRB W.R. Berkley Corporation Common Stock $2.050.519 0,83% 29.073 $123.892 Alta ×1
MO Altria Group, Inc. $2.002.440 0,81% 27.831 $166.004 Alta ×1
AMZN Amazon.com, Inc. - Common Stock $1.976.077 0,80% 8.291 $284.092 Alta ×3
FERG Ferguson Enterprises Inc. Common Stock $1.880.128 0,76% 7.922 $32.242
USB U.S. Bancorp Common Stock $1.786.451 0,73% 29.577 $237.749 Baixa ×2
ENB Enbridge Inc Common Stock $1.771.800 0,72% 32.684 $3.696 Alta ×1
BA Boeing Company (The) Common Stock $1.677.210 0,68% 7.748 $103.281 Baixa ×3
AGM Federal Agricultural Mortgage Corporation Common Stock $1.638.199 0,67% 8.221 $459.707 Alta ×6
SLG SL Green Realty Corp Common Stock $1.619.883 0,66% 31.290 $548.955 Alta ×2
RTX RTX Corporation Common Stock $1.611.756 0,65% 8.495 $-56.250 Baixa ×3
PG Procter & Gamble Company (The) Common Stock $1.601.895 0,65% 10.924 $15.077 Baixa ×2
GPC Genuine Parts Company Common Stock $1.600.635 0,65% 13.567 $185.277 Alta ×6
CB Chubb Limited Common Stock $1.570.471 0,64% 4.609 $68.260
O Realty Income Corporation Common Stock $1.552.098 0,63% 25.050 $22.231 Alta ×1
TFC Truist Financial Corporation Common Stock $1.510.144 0,61% 30.312 $105.669 Baixa ×2
CME CME Group Inc. - Class A Common Stock $1.497.890 0,61% 6.783 $-384.671 Alta ×6
BTI British American Tobacco Industries, p.l.c. Common Stock ADR $1.445.555 0,59% 23.406 $77.006
MMM 3M Company Common Stock $1.437.437 0,58% 8.878 $148.085
GD General Dynamics Corporation Common Stock $1.397.123 0,57% 3.944 $36.599 Baixa ×2
FNF Fidelity National Financial, Inc. Common Stock $1.318.877 0,54% 27.966 $67.545 Alta ×5
APD Air Products and Chemicals, Inc. Common Stock $1.307.290 0,53% 4.459 $11.995
LAMR Lamar Advertising Company - Class A Common Stock $1.275.137 0,52% 8.175 $1.063.361 Alta ×1
LHX L3Harris Technologies, Inc. Common Stock $1.198.103 0,49% 4.123 $-234.960 Baixa ×4
CCI Crown Castle Inc. Common Stock $1.170.710 0,48% 15.459 $-82.846 Alta ×4
ADM Archer-Daniels-Midland Company Common Stock $1.167.850 0,47% 15.286 $49.442 Baixa ×2
AFG American Financial Group, Inc. Common Stock $1.156.464 0,47% 8.264 $156.239 Alta ×5
ADP Automatic Data Processing, Inc. - Common Stock $1.117.734 0,45% 4.991 $103.663
CRH CRH PLC Ordinary Shares $1.101.458 0,45% 10.294 $19.353
GWW W.W. Grainger, Inc. Common Stock $1.061.112 0,43% 780 $210.280
CNH CNH Industrial N.V. Common Shares $1.048.186 0,43% 93.338 $-12.082 Baixa ×6
MUSA Murphy USA Inc. Common Stock $1.019.003 0,41% 1.891 $84.906
WPC W. P. Carey Inc. REIT $1.005.362 0,41% 14.061 $50.048 Alta ×1
AMT American Tower Corporation (REIT) Common Stock $964.899 0,39% 5.899 $-44.867 Alta ×6
PAYX Paychex, Inc. - Common Stock $915.944 0,37% 9.315 $58.952 Alta ×2
SWK Stanley Black & Decker, Inc. Common Stock $901.387 0,37% 9.577 $237.544 Alta ×1
AOS A.O. Smith Corporation Common Stock $878.205 0,36% 14.002 $-61.572 Baixa ×2
UPS United Parcel Service, Inc. Common Stock $860.000 0,35% 8.000 $60.859 Baixa ×2
OKE ONEOK, Inc. Common Stock $847.926 0,34% 9.753 $67.047 Alta ×1
ADC Agree Realty Corporation Common Stock $824.960 0,34% 10.892 $3.921
CVX Chevron Corporation Common Stock $788.520 0,32% 4.757 $-195.703
PPG PPG Industries, Inc. Common Stock $755.394 0,31% 6.228 $80.874 Baixa ×2
INTU Intuit Inc. - Common Stock $733.671 0,30% 2.811 $40.133 Alta ×1
ADBE Adobe Inc. - Common Stock $723.311 0,29% 3.528 $29.318 Alta ×5
KMI Kinder Morgan, Inc. Common Stock $669.740 0,27% 20.949 $-32.680
MAA Mid-America Apartment Communities, Inc. Common Stock $665.939 0,27% 4.793 $80.618
XOM Exxon Mobil Corporation Common Stock $550.298 0,22% 4.025 $-132.584
CRCL Circle Internet Group, Inc. Class A Common Stock $544.380 0,22% 8.692 $-286.832 Baixa ×1
C Citigroup, Inc. Common Stock $538.706 0,22% 3.849 $102.191
NNN NNN REIT, Inc. Common Stock $528.581 0,21% 11.360 $52.801 Alta ×1
ICE Intercontinental Exchange Inc. Common Stock $521.248 0,21% 4.234 $12.133 Alta ×1
PLD Prologis, Inc. Common Stock $516.141 0,21% 3.810 $12.535
BDX Becton, Dickinson and Company Common Stock $494.092 0,20% 3.265 Alta ×1
BNS Bank Nova Scotia Halifax Pfd 3 Ordinary Shares $468.589 0,19% 5.396 $87.661 Baixa ×2
MDT Medtronic plc. Ordinary Shares $427.605 0,17% 5.466 $-46.024
SPGI S&P Global Inc. Common Stock $414.183 0,17% 1.017 $-18.388
CNI Canadian National Railway Company Common Stock $389.319 0,16% 3.265 $53.980 Alta ×3
CPRT Copart, Inc. - Common Stock $368.782 0,15% 13.082 $-68.860 Baixa ×1
ALL Allstate Corporation (The) Common Stock $351.199 0,14% 1.476 $45.165
YUMC Yum China Holdings, Inc. Common Stock $338.322 0,14% 8.278
BAC Bank of America Corporation Common Stock $288.319 0,12% 5.060 $51.394 Alta ×1
MTB M&T Bank Corporation Common Stock $279.662 0,11% 1.175 $36.766
PYPL PayPal Holdings, Inc. - Common Stock $271.602 0,11% 6.290 $-12.895
LEG Leggett & Platt, Incorporated Common Stock $261.039 0,11% 22.292 $34.668 Baixa ×6
GOOGL Alphabet Inc. - Class A Common Stock $260.880 0,11% 730 $50.961
BMO Bank Of Montreal Common Stock $214.691 0,09% 1.215 Alta ×1
SYY Sysco Corporation Common Stock $201.846 0,08% 2.415
FLG Flagstar Bank, N.A. Common Stock $192.726 0,08% 12.900 $22.833

Posições de convicção

08

Posições aumentadas por 3 ou mais trimestres consecutivos.

As contagens de ações são conforme relatado nos registros 13F (não ajustadas por desdobramento)

TítuloValor% do portfólioSequência
SPY $96.557.361 39,22% acima ×6
MSFT $5.107.017 2,07% acima ×5
PAG $4.944.746 2,01% acima ×6
EPD $3.103.794 1,26% acima ×6
MPLX $2.753.129 1,12% acima ×6
UNH $2.716.973 1,10% acima ×5
ORI $2.402.413 0,98% acima ×6
AMZN $1.976.077 0,80% acima ×3
AGM $1.638.199 0,67% acima ×6
GPC $1.600.635 0,65% acima ×6
CME $1.497.890 0,61% acima ×6
FNF $1.318.877 0,54% acima ×5
CCI $1.170.710 0,48% acima ×4
AFG $1.156.464 0,47% acima ×5
AMT $964.899 0,39% acima ×6

Maiores novas apostas

09

Novas posições abertas neste trimestre, maiores primeiro.

TítuloValorAções% do portfólio
BDX $494.092 3.265 0,20%
YUMC $338.322 8.278 0,14%
BMO $214.691 1.215 0,09%
SYY $201.846 2.415 0,08%

Maiores variações (QoQ)

10
TítuloMovimentoAções ΔValor Δ
SPY Comprou mais +15K +$22.2M
GOOG Reduziu -34 +$1.7M
UNH Comprou mais +10 +$951K
PAG Comprou mais +306 +$859K
RY Apenas movimento de preço +0 +$733K
TD Apenas movimento de preço +0 +$648K
TRV Comprou mais +20 +$585K
SLG Comprou mais +2K +$549K
AGM Comprou mais +277 +$460K
V Comprou mais +123 +$421K

1 position hidden — reported move looks larger than the position itself (data completeness check)

Posições encerradas

11

Inclui eventos corporativos (fusões, deslistagens) — nem todas as saídas são vendas

Posições fechadas refletem mudanças no reporte 13F; para gestores de índice, estas são frequentemente mecânicas (deslistagem, fusões e aquisições, rebalanceamento de índice), não decisões ativas.

TítuloTrimestreAções antesValor antesPreço desde a saída
PH 31 de Dezembro de 2025 6.092 $4.618.650 10,6%
CAT 31 de Março de 2026 7.240 $4.147.579 19,3%
FIX 31 de Dezembro de 2025 2.396 $1.977.131 85,2%
FERG 30 de Setembro de 2025 8.033 $1.749.186 -0,6%
CASY 30 de Junho de 2026 1.672 $1.216.982 -22,3%
YUMC 30 de Junho de 2025 18.483 $962.225 -10,6%
BABA 30 de Junho de 2025 7.238 $957.081 -6,7%
CRH 30 de Setembro de 2025 10.337 $948.937 -31,7%
CMI 31 de Março de 2026 1.800 $918.810 -1,8%
WBA 30 de Setembro de 2025 31.706 $363.985 Não mais rastreado
HAL 30 de Junho de 2026 9.220 $359.488 -6,2%
SLB 30 de Junho de 2026 5.443 $279.716 4,8%
INTC 31 de Março de 2026 7.205 $265.865 170,4%
SYY 31 de Dezembro de 2025 2.598 $213.919 5,2%
SYK 30 de Junho de 2025 545 $202.876 -30,4%
SYY 30 de Junho de 2025 2.698 $202.458 2,3%
FLG 30 de Junho de 2025 13.565 $157.625 10,4%